News

Crypto mining firm Argo Blockchain has entered into an agreement with Galaxy Digital Holdings to sell its Helios facility in Texas for $65 million and refinance its asset-backed loans. Additionally, Galaxy has agreed to host Argo’s mining machines located...

Abu Dhabi Islamic Bank, a financial institution, announced the launch of the region’s first tokenised, contactless payment methods through the options of clasp and ring ‘ADIB PAY’, in partnership with token enablement service provider Tappy Technologies and global digital...

Sezzle, a Buy Now, Pay Later solution in Canada, has announced the expansion of Sezzle Up, a consumer credit product, into the Canadian market. Sezzle notes that many lenders are hesitant to extend credit to consumers without any credit history...

Emirates Development Bank (EDB) and Abu Dhabi Commercial Bank (ADCB) have signed a Memorandum of Understanding (MoU) to boost the financial inclusion of small-to-medium-sized enterprises (SMEs) through a joint credit guarantee scheme. The partnership will provide SMEs in the UAE...

Signapore-based financial services firm Singlife with Aviva has announced the launch of Singlife Connect, its accelerator programme to support and spur the growth of InsurTech start-ups. Singlife Connect will focus on developing scalable market solutions to innovate and transform insurance...

Singapore's goods and services tax, or GST, will increase from 7% to 8% on January 1. It is the first of two planned increases in the GST; the second is expected to occur in January 2024, at which point...

Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers has announced the launch of a new FinTech and Payments business group aimed at bringing together companies of all sizes within the FinTech and payments sector...